Sec Form 4 Filing - OLIVEIRA RAFAEL @ Kraft Heinz Co - 2021-03-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
OLIVEIRA RAFAEL
2. Issuer Name and Ticker or Trading Symbol
Kraft Heinz Co [ KHC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
International Zone President
(Last) (First) (Middle)
C/O THE KRAFT HEINZ COMPANY, ONE PPG PLACE, SUITE 3200
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2021
(Street)
PITTSBURGH, PA15222
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/01/2021 A 10,282 ( 1 ) A $ 0 412,526.869 ( 2 ) D
Common Stock 03/01/2021 A 10,785 ( 3 ) A $ 0 423,311.869 D
Common Stock ( 4 ) 03/01/2021 A 11,503 A $ 37.09 434,814.869 D
Common Stock 03/01/2021 A 41,827 ( 5 ) A $ 0 476,641.869 D
Common Stock 03/01/2021 F 3,253 ( 6 ) D $ 37.09 473,388.869 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (right to buy) $ 37.09 03/01/2021 A 5,141 03/01/2024( 7 ) 03/01/2031 Common Stock 5,141 $ 0 5,141 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
OLIVEIRA RAFAEL
C/O THE KRAFT HEINZ COMPANY
ONE PPG PLACE, SUITE 3200
PITTSBURGH, PA15222
International Zone President
Signatures
/s/ Heidi Miller, by Power of Attorney 03/03/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Subject to the terms and conditions of the applicable award agreement, these restricted stock units are scheduled to settle in stock as follows: 100% on the third anniversary of the grant date.
( 2 )Includes an additional 12,038 shares acquired through a dividend reinvestment program, which includes 214 shares inadvertently omitted from the reporting person's prior Section 16 reports.
( 3 )Subject to the terms and conditions of the applicable award agreement, these restricted stock units are scheduled to settle in stock as follows: 75% on the third anniversary of the grant date and the remaining 25% on the fourth anniversary of the grant date.
( 4 )Common stock issued pursuant to the compensation committee approved Issuer's Bonus Swap Program.
( 5 )Subject to the terms and conditions of the applicable award agreement, these restricted stock units awarded pursuant to the Issuer's Bonus Swap Program are scheduled to settle in stock as follows: 100% on the third anniversary of the grant date.
( 6 )Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
( 7 )Options vest 100% on the third anniversary of the grant date, subject to the terms and conditions of the stock options award agreement.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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